As messy as the operations were, many of these large buyers realized they could essentially build machines to eat the equity.

@Nina Liu given the low value of the estate It shouldn't need probate although someone has to address the estate and if you aren't a relative not sure how you go about that and if the court wouldn't eat up all the property value if you do manage the estate.

Just gotta eat those high IL property taxes.

If you are doing a hard money loan to do the fix you may eat into a lot of your margin so I would make sure to do the due diligence of the area on what “rehabbed” houses look like.

That being said while life is uncertain and it is tempting to eat desert first don't forget how enjoyable the main course can be.

In this business you only eat what you kill. 

Do you think that they are such wholesome and kindhearted people that they are going to sacrifice making tons of money on investments to teach someone else how to invest? 

I'm in a situation right now where I'm selling my personal home and it's been... interesting to say the least which has been eating at my confidence towards residentials in general.

@Paul Merriwether  Living Trust avoids probate, a probate trustee appointed who eats the assets, and delays.

You have to eat that buy time on these HMLs.